AI Training Dataset Market Size Worth $8,607.1 Million By 2030

AI Training Dataset Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast 2022 - 2030

AI Training Dataset Market Growth & Trends The global AI training dataset market size is expected to reach USD 8,607.1 million by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 22.2% from 2022 to 2030. Artificial intelligence technology is proliferating. As organizations are transitioning towards automation, the demand for technology is rising.

The technology has provided unprecedented advances across various industry verticals, including marketing, healthcare, logistics, transportation, and many others. The benefits of integrating the technology across multiple operations of the organizations have outweighed its costs, thereby driving adoption.

Due to the rapid adoption of artificial intelligence technology, the need for training datasets is rising exponentially. To make the technology more versatile and accurate with its predictions, many companies are entering the market by releasing various datasets operating across different use cases to train the machine learning algorithm. Such factors are substantially contributing to market growth. Prominent market participants such as Google, Microsoft, Apple Inc, Amazon have been focusing on developing various artificial intelligence training datasets. For instance, in September 2021, Amazon launched a new dataset of commonsense dialogue to aid research in open-domain conversation.

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Factors such as the cultivation of new high-quality datasets to speed up the development of AI technology and deliver accurate results are driving the market growth. For instance, in January 2019, IBM Corporation, a technology company, announced the release of a new dataset that comprises 1 million images of faces. This dataset was released to help developers train their face recognition systems supported by artificial intelligence technology with a diverse dataset. This dataset will allow them to increase the accuracy of face identification. For instance, in May 2021, IBM launched a new data set called CodeNet with 14 million sample sets to develop machine learning models that can help in programming tasks.

AI Training Dataset Market Report Highlights 

Increasing creation of synthetic training data for unsupervised and supervised training of machine learning algorithms is driving the adoption of datasets by organizations thereby catalyzing market growth

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The image/video segment is expected to portray a high growth rate, with a CAGR of approximately 25.0% over the projected period

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In Asia Pacific, the market is expected to have significant growth over the forecast period, owing to the substantial adoption of AI technology

AI Training Dataset Market Segmentation Grand View Research has segmented the global AI training dataset market based on type, vertical, and region: AI Training Dataset Type Outlook (Revenue, USD Million, 2017 - 2030)  Text 

Image/Video

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Audio

AI Training Dataset Vertical Outlook (Revenue, USD Million, 2017 - 2030)  IT 

Automotive

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Government

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Healthcare

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BFSI

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Retail & E-commerce

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Others

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https://www.grandviewresearch.com/industry-analysis/ai-training-dataset-market/request/rs1 AI Training Dataset Regional Outlook (Revenue, USD Million, 2017 - 2030)  North America

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U.S.

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Canada

o

Mexico

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Germany

o

U.K.

o

France

o

China

o

Japan

o

India

Europe

Asia Pacific

South America o

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Brazil

Middle East and Africa

List of Key Players of AI Training Dataset Market  Google, LLC (Kaggle) 

Appen Limited

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Cogito Tech LLC

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Lionbridge Technologies, Inc.

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Amazon Web Services, Inc.

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Microsoft Corporation

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Scale AI Inc.

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Samasource Inc.

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Alegion

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Deep Vision Data

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A strong research methodology was followed to collect data for the report. The data collected in this way are subjected to several quality checks to provide the best quality.

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The report provides a holistic view of the competitive scenario AI Training Dataset Market.

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The latest product launches, along with technological changes and developments, are included in the report.

The data analysis in the report will help you understand the AI Training Dataset Market dynamics projected from 2022 - 2030.

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The Report has a vast data store, so it can accommodate your custom needs as well.

Highlights Points of the Market: 

The latest information on how the market is evolving to formulate their sales and marketing strategies. This Market report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth.

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The market report covers the key challenges, competitive landscape, and demographic analysis that can help companies get insight into the country-specific variations.

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The analysts also emphasize on the key trends and the future opportunities that can be explored in the region than can help companies in revenue expansion.

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To gain competitive intelligence about leading companies with information about their market share and growth rates.

About Grand View Research Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.